USA sells 159.8 thousand tons of the 2022/23 soybean meal in the week

Published 2023년 7월 27일

Tridge summary

In the week ending July 20, US exporters sold 159,800 tons of soybean meal from the 2022/23 harvest, marking a 41% decrease from the previous week but a 10% increase from the previous four-week average. The Dominican Republic, Mexico, and the United Kingdom were the main buyers, while Guatemala, Nicaragua, and Costa Rica canceled their orders. In total, 273,800 tons of soybean meal were sold, with shipments increasing by 26% compared to the previous week, with the Dominican Republic, Philippines, and Mexico being the top destinations.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

By Audryn Karolyne, with information from Dow Jones Newswires São Paulo, 07/27/2023 - United States exporters sold 159,800 tons of soybean meal from the 2022/23 harvest in the week ended July 20, the country's Department of Agriculture (USDA) reported this Thursday. . The volume represents a drop of 41% compared to the previous week, but an increase of 10% compared to the average of the previous four weeks. The main buyers were the Dominican Republic (48.6 thousand t), Mexico (42.6 thousand t), United Kingdom (20 thousand t), Honduras (15.6 thousand t) and Canada (15.2 thousand t), which offset cancellations made by Guatemala (6 thousand t), Nicaragua (5 thousand t) and Costa Rica (1.1 thousand t). For 2023/24, 114 thousand tons were sold to the Philippines (45 thousand t), Canada (39 thousand t), Japan (25 thousand t), Honduras (7.6 thousand t) and Indonesia (1.5 thousand t), which offset the cancellations made by Costa Rica (5.1 thousand t). The total volume sold, of 273,800 ...

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